Anand Rathi Share and Stock Brokers Lists at 4% Premium Amid Strong Institutional Demand

On Tuesday, September 30, 2025, Anand Rathi Share and Stock Brokers debuted on the stock exchanges. Anand Rathi shares opened at ₹432 per share, reflecting a 4% premium over its IPO price of ₹414.

Anand Rathi Share IPO Details

The ₹745 crore initial public offering (IPO), which ran from September 23 to September 25, was priced at the upper end of the ₹393–₹414 range. The entire issue comprised fresh equity shares, with no offer-for-sale component.

The offering saw strong investor interest, with an overall subscription of 20.66 times. Institutional investors drove the bulk of the demand — the Qualified Institutional Buyers (QIB) category was subscribed 44 times. The non-institutional investor segment was subscribed 30 times, while the retail portion was subscribed 4.8 times. In total, the IPO attracted bids for over 27 crore shares against the 1.33 crore shares available.

From the IPO proceeds, the company plans to allocate ₹550 crore toward long-term working capital requirements, with the remainder set aside for general corporate purposes.

Also Read: Upcoming IPOs This Week: 5 Mainboard and 16 SME IPO Set to Open Week Starting Sep 29

About Anand Rathi Share and Stock Brokers Limited

Anand Rathi Share and Stock Brokers is a part of the Anand Rathi Group, which operates across various financial services segments, including stock and commodity broking, wealth management, investment banking, and capital market lending. Its wealth management arm, Anand Rathi Wealth, was listed in 2021 and has delivered solid shareholder returns over the past four years.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions. 

Investments in the securities market are subject to market risks, read all the related documents carefully before investing.